July 6, 2020 / 11:18 AM / a month ago

Brazil's Lojas Americanas considers 3 bln real capital raise in B2W Digital - filing

SAO PAULO, July 6 (Reuters) - Brazil’s Lojas Americanas SA , the controlling shareholder of B2W Digital, is considering a capital raise of 3 billion reais ($564.51 million) in its online retail subsidiary, according to a securities filing issued by B2W Digital on Monday.

The studies are preliminary and there is no decision on pricing and other terms of a potential capital raise. ($1 = 5.3143 reais) (Reporting by Ana Mano, editing by Louise Heavens)

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